Nidec (Germany) Price on October 11, 2024
| NIB1 Stock | EUR 3.96 0.18 4.35% |
If you're considering investing in Nidec Stock, it is important to understand the factors that can impact its price. As of today, the current price of Nidec stands at 3.96, as last reported on the 22nd of December, with the highest price reaching 4.06 and the lowest price hitting 3.96 during the day. Nidec appears to be dangerous, given 3 months investment horizon. Nidec has Sharpe Ratio of 0.0451, which conveys that the firm had a 0.0451% return per unit of risk over the last 3 months. By analyzing Nidec's technical indicators, you can evaluate if the expected return of 0.64% is justified by implied risk. Please exercise Nidec's Mean Deviation of 4.16, risk adjusted performance of 0.0448, and Downside Deviation of 9.17 to check out if our risk estimates are consistent with your expectations.
Nidec Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Nidec |
Sharpe Ratio = 0.0451
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Estimated Market Risk
| 14.21 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.64 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Nidec is performing at about 3% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Nidec by adding it to a well-diversified portfolio.
Nidec Valuation on October 11, 2024
It is possible to determine the worth of Nidec on a given historical date. On October 11, 2024 Nidec was worth 4.48 at the beginning of the trading date compared to the closed value of 4.48. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nidec stock. Still, in general, we apply an absolute valuation method to find Nidec's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Nidec where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nidec's related companies.
| Open | High | Low | Close | Volume | |
| 4.52 | 4.52 | 4.52 | 4.52 | 1.00 | |
10/11/2024 | 4.48 | 4.48 | 4.48 | 4.48 | 1.00 |
| 4.44 | 4.44 | 4.44 | 4.44 | 1.00 |
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Nidec Trading Date Momentum on October 11, 2024
| On October 14 2024 Nidec was traded for 4.44 at the closing time. The maximum traded price for the trading interval was 4.44 and the lowest daily price was 4.44 . There was no trading activity during the period 1.0. Lack of trading volume on 14th of October 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 0.89% . The trading delta at closing time to the closing price today is 3.13% . |
Nidec Fundamentals Correlations and Trends
By evaluating Nidec's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Nidec's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nidec financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nidec Stock history
Nidec investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Nidec is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nidec will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Nidec stock prices may prove useful in developing a viable investing in Nidec
Nidec Corporation manufactures and sells motors and other electronic products worldwide. Nidec Corporation was founded in 1973 and is headquartered in Kyoto, Japan. NIDEC CORP is traded on Frankfurt Stock Exchange in Germany.
Nidec Stock Technical Analysis
Nidec technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Nidec Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
Nidec cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Nidec December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Nidec stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nidec shares will generate the highest return on investment. By undertsting and applying Nidec stock market strength indicators, traders can identify Nidec entry and exit signals to maximize returns
Nidec Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nidec's price direction in advance. Along with the technical and fundamental analysis of Nidec Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nidec to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0448 | |||
| Jensen Alpha | 0.6276 | |||
| Total Risk Alpha | 0.2255 | |||
| Sortino Ratio | 0.0655 | |||
| Treynor Ratio | (3.27) |
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| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Nidec Stock analysis
When running Nidec's price analysis, check to measure Nidec's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nidec is operating at the current time. Most of Nidec's value examination focuses on studying past and present price action to predict the probability of Nidec's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nidec's price. Additionally, you may evaluate how the addition of Nidec to your portfolios can decrease your overall portfolio volatility.
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